Operations
Struggling BurgerFi shutters 8 more restaurants
After closing 14 units last year, the fast-casual burger chain continued "right-sizing" its portfolio in the first quarter, when its same-store sales plunged 13%.
Financing
Increased marketing spending did not help Papa Johns' sales in April
A softer consumer environment is more than offsetting the pizza chain’s boost in marketing in recent weeks. But profitability improved last quarter.